Adam Gilmour, founder and chief of Gilmour Space Technologies. Source: Supplied.
Gilmour Space blasted onto the tech pages with news of its $61 million raise this morning, proving the Aussie space scene is attracting interest and big cheques.
It’s the latest in a string of huge funding announcements for local startups. But it also follows an uptick in activity in the Aussie space tech scene.
RMIT is set to launch a space hub to support businesses seeking satellite data, and the Australian National University has secured a $2.5 million grant to establish infrastructure for space testing facilities.
The Moonshot space tech incubator announced back in November that it was backing 11 space startups, including both Aussie and international ventures.
Australia s space tech firm Gilmour Space raises $47m Series C
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Rocket startup Gilmour Space raises $46M Series C to take small launch vehicle to orbit – TechCrunch
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8 venture capital firms explain how they assess a startup before investing in a series B
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Chipper Cash co-founders Ham Serunjogi and Maijid Moujaled. Source: TechCrunch.
In a week that saw Memories raise a whopping $31 million, Ivvy bag $7 million and Mys Tyler secure $1 million in seed funding, there has been plenty of other funding news we haven’t been able to cover in full.
This week’s bumper startup funding round includes AR for eating out (and entertaining the kids at the same time), tech for oyster farmers, and backing for two separate renewable energy storage projects.
Here’s the funding news you might have missed.
UpGuard
Aussie cybersecurity startup UpGuard has raised $25 million, off the back of five years of strong growth.